Down payments
andclosing costs help
Loan equal to 4 percent of the purchase price, repaid over 10
years at the same low rate as the first mortgage loan.
 Up to $4,500 for qualified applicants* (no repayment).
 Up to $10,000 for qualified families with dependent children*
(no repayment).
 Up to $10,000 for qualified households with disabled or elderly
members*
(no repayment).

More
benefits Automatic payment plan available.
 Payments go directly to Kentucky Housing and stay in Kentucky.
 Homeownership education.
 Homeownership counseling available before and after you buy.
 Find your path to realizing the American Dream of homeownership
through Kentucky Housing!

Down Payment and Closing Cost Assistance

Your down payment, closing costs (costs and fees that are part of receiving
a home loan) and pre-paids (set-up of escrow
accounts for future payment of taxes and insurance) are three different
costs generally associated with buying a home.

These costs are stumbling blocks for many potential home buyers. Here
are several loan programs to help.

Single- and two-parent households
that have at least one dependent child under the age of 18 living
in the household and that are first-time home buyers (have not
owned a home or had an ownership interest in a home in the last
3 years).